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December 30, 2014

Worry Wall: GSE Buybacks Tied to 2013 Production on the Rise

By John Bancroft

The 2013 GSE book of business is getting a lot more attention from Fannie Mae and Freddie Mac.

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After the November elections, how long will it take for a new Congress and White House to pass GSE reform legislation?

I’m confident a bill will be passed the first year.


2 to 3 years. GSE reform is complicated.


Sadly it won’t happen in a Clinton or Trump first term.


Not in my lifetime.


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